This property looks like a bad Mid-Term investment with a projected -8.86% first-year return on $109k initial cash invested.
-8.86%
Cash On Cash
4.73%
Cap Rate
0.72
DSCR
$3,212
Rent
-$807
Cashflow
Cash Flow
$3,212 income − $4,019 expenses = $807 out of pocket
Investment Breakdown
|
Purchase Price
$435k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$109k
Downpayment
20%
$87,000
Closing costs
1%
$4,350
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,212
Total Expenses
$4,019
Mortgage P&I
75%
$2,394
Property Taxes
12%
$383
Home Insurance
5%
$152
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353